Category: Latest news

[ad_1] The official complaints related to non-fungible token (NFT) scams, problems, and price manipulations the Chinese government received surged by 30,000% in 2022, according to Forkast News. Chinese regulators disclosed that they received 59,700 complaints throughout the year, as opposed to 198 in 2021, the report states. According to the regulators, most complaints are about…

[ad_1] Blockchain data verification network KYVE successfully launched its mainnet on Pi Day (3/14) at 3:03:14 PM CET on March 14 after two years of development. The decentralized data lake is built using the Cosmos SDK as a Layer 1 blockchain and is designed to provide trustless data solutions for developers, node runners, and data…

[ad_1] The New York State Department of Financial Services (NYDFS) said on March 14 that its closure of Signature Bank was not related to the bank’s crypto industry ties. NYDFS denies Signature was closed over crypto Though Signature worked extensively with crypto firms, a representative has denied that the NYDFS’ decision to shut down Signature…

[ad_1] The price of Bitcoin briefly surpassed $26,400 on March 14 around 1 p.m. UTC — representing an approximately seven-month high. The cryptocurrency last saw a comparable market value in August 2022. However, BTC has since fallen and is now valued at around $24,500 as of 9:30 p.m. UTC on March 14 — a value last…

[ad_1] Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank (SVB), according to a report from the Wall Street Journal on March 14. SEC, DOJ reportedly investigating SVB SVB was closed by California financial regulators and taken over by the Federal Deposit Insurance Corporation (FDIC) on March 10. Now, two…

[ad_1] Definition The 200 Week Moving Average (200W-SMA) The 200 Week Simple Moving Average provides a tool capturing the baseline momentum of a classic 4 year Bitcoin Cycle. Yearly Moving Average (365D-SMA) The 365 Day Simple Moving Average provides a long standing baseline for high time-frame market momentum.  Long-Term Holder Realized Price reflects the average on-chain acquisition…

[ad_1] Crypto short-sellers saw massive liquidation in the past four hours as the market pumped on the back of inflation numbers remaining within expected bounds. CoinGlass data shows that more than 85% of the $151.24 crypto liquidations over the period were short positions — amounting to roughly $130 million as of press time. Meanwhile, long…

[ad_1] UK-based NatWest Bank announced new limits to transactions to crypto exchanges in an effort to protect its users from “crypto-criminals,” as Reuters reported. The new rules will limit transactions to crypto exchanges to a maximum of £5,000 per 30 days — equating to a little over $6,000, according to Reuters. Users also won’t be…

[ad_1] The Inverse Cramer Tracker ETF, launched on March 2 on the Chicago Board Options Exchange, has surpassed market expectations by outperforming the broader market, just two weeks after going live. Despite not being founded on Jim Cramer’s financial advice, the fund has generated impressive returns, defying the current buying frenzy in the tech sector…

[ad_1] The European Parliament adopted legislation under the Data Act on March 14, which includes provisions on smart contracts and the internet of things (IoT). The legislation was passed with 500 votes in favor and 23 against it, aiming to boost business model development to create new industries and jobs. Article 30 of the Data…